CORAL SPRINGS, Fla., Nov. 15, 2006 (PRIMEZONE) -- The Securities Law Firm, Blum & Silver, LLP, (http://www.stockattorneys.com) announced today that it has filed multiple arbitration claims before the National Association of Securities Dealers, Inc. ("NASD"), including Case No. 2006-04610, on behalf of former Axiom customers alleging, amongst other things, an unsuitable trading strategy regarding Vistula (OTCBB:VSTL), iCurie (OTCBB:CSAT) now known as Celsia Technologies, Inc., and Xenomics (OTCBB:XNOM) which currently trade on the OTC Bulletin Board, and other investments which resulted in large losses. The claims seek compensatory and punitive damages for alleged acts of misconduct.
The purpose of this release is to investigate, on behalf of our clients potential sales practice violations of licensed brokers at various brokerage firms, including Axiom Capital Management, Inc. Blum & Silver, LLP is pursuing arbitration suits before the NYSE and the NASD for securities violations including failure to supervise, negligence, unsuitability claims, misrepresentation and material omissions of fact and trading activities of low-priced securities, including private placement and pipe transactions.
The Law Offices of Blum & Silver, LLP is a nationally-recognized securities law firm headquartered in South Florida with satellite offices in New York and North Carolina. The primary focus of the firm is representing investors worldwide with their claims for losses due to stockbroker misconduct and brokerage firm negligence in securities litigation and arbitration matters. The firm is the lead counsel in numerous securities arbitration cases against many brokerage firms. If you wish to discuss this announcement or have information relevant to our securities arbitration claims, please contact Darren C. Blum, Esq. of Blum & Silver, LLP, at 1-877-STOCK LAW (1-877-786-2552) or visit us on the web at http://www.stockattorneys.com.
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